Fiat Chrysler to buy back 500000 pickups in recall deal - Santa Rosa Press Democrat
This July 13, 2011, file photo shows the Ram logo on a Ram pickup truck at a dealership in Hillsboro, Ore. Fiat Chrysler will buy back about 500,000 Ram pickup trucks in the biggest such action in U. S. history as part of a deal with U. S. safety regulators to settle legal problems in about two-dozen recalls, two people briefed on the matter say. (AP Photo/Don Ryan, File) DETROIT — Fiat Chrysler must offer to buy back from customers more than 500,000 Ram pickup trucks and other vehicles in the biggest such action in U. S. history as part of a costly deal with safety regulators to settle... In addition, owners of more than a million older Jeeps with vulnerable rear-mounted gas tanks will be able to trade them in or be paid by Chrysler to have the vehicles repaired. The Ram pickups, which are the company's top-selling vehicle, have defective steering parts that can cause drivers to lose control. The older Jeeps have fuel tanks located behind the rear axle, with little to shield them in a rear crash. Both the Jeep and Ram measures are part of a larger settlement between the government and the automaker over allegations of misconduct in 23 recalls covering more than 11 million. Source: www.pressdemocrat.com
